ECB: Negative Interest Rates Are an Option

The European Central Bank says it could adopt negative interest rates or purchase assets from banks if needed to lift inflation closer to its target, rebutting concerns that the central bank is running out of tools or is unwilling to use them.

The comments from EXB executive board member Peter Praet pushed the euro lower on Tuesday. WSJ’s Brian Blackstone stopped by the MoneyBeat desk to offer more details on what options the ECB has on the table as it aims to lift inflation closer to its target.